Bitcoin upside move on the trigger 🔋
This means the ~$70,566 previous weekly low is not a target anymore for me this week.
At this point I'm interested in just two scenario's.
If we get a retest and a fill of the daily ~$76,927 imbalance, I'll look for longs after reversals.
If we sweep the important internal range liquidity at ~$79,360, I'm monitoring PA very closely for potential short triggers.
Of course if price pumps through ~$80,000 with strength, I'll wait for continuation plays.
For now I'm just letting my long run and wait for my triggers.
There's no need to stress, markets are eagerly going up for Bitcoin.
Strong momentum and lower-timeframe technical signals suggest a continuation on the horizon.
Most likely, it will stall for a second.
Why?
The crucial resistance at $79K has a lot of sells/shorts to break through. Likely we'll test it first, come back down for a little, find extra stamina, and then we'll push through to $86K.
Overall, the higher Bitcoin goes, the more momentum there is, the heavier the breakouts on #Altcoins will be.
#China_BNB Fallow and more crypto update Bitcoin.
#Binance look like a week Move on the trigger 💥